have you rechecked the timing to make sure its dead on? i would say you are not timed correctly.do this... pull out # 1 plug, put finger over hole and get someone to crank slowly when you feel the compression pushing your finger stop there and use a screw driver or something to feel the piston coming up. crank ever so slowly till mag trips. stop cranking the split second mag trips. then look to see if your timing marks are lined up , if not you are not timed correctly. it is nice to know what you have set the points to and also how you set the valves and to what spec.... plays a big part in setting timing correctly. a change in point gap changes timing. you said you have spark but you need the piston at TDC on compresssion also. another thing is... have you checked the plugs to see if they are dry or wet? if dry squirt a few shots of mixed gas, ( 2 cycle oil and gas)in each cyl. give it a crank and it definitly will fire and run for 4-5 seconds if your timing is correct. pulling it without 100 percent sure things are in order in kind of a waste , as these tractor start very easy with slow hand cranking speed.
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